University of the Sunshine Coast Act 1998
sec.81Funding arrangements
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sec.81 Funding arrangements
This section applies to an amount received by QUT from the Commonwealth, after the commencing day but before 1 July 1999, for operating, capital and research purposes. QUT must pay to the university the proportion of the amount agreed between QUT and the university. If, within 3 months after QUT receives the amount from the Commonwealth, QUT and the university can not agree on the proportion, the Minister may decide the proportion. If the Minister acts under subsection (3), QUT must pay the proportion of the amount decided by the Minister to the university. (sec.81-ssec.1) This section applies to an amount received by QUT from the Commonwealth, after the commencing day but before 1 July 1999, for operating, capital and research purposes. (sec.81-ssec.2) QUT must pay to the university the proportion of the amount agreed between QUT and the university. (sec.81-ssec.3) If, within 3 months after QUT receives the amount from the Commonwealth, QUT and the university can not agree on the proportion, the Minister may decide the proportion. (sec.81-ssec.4) If the Minister acts under subsection (3), QUT must pay the proportion of the amount decided by the Minister to the university.